WHUT (Howard University Television)
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Nov 15, 2012
11/12
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WHUT
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i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a difficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill and a supportive president, and democrats and republicans. i don't see any of those ingredients today to do tax reform in 2013, 2014. >> especially if the president is going to have a new treasury secretary. itim geithner, this has sort of been his-- tim geithner wanted to be behind tax reform, wanted to be the force behind corporate tax reform. that might speak to tim geithner staying on a little long fer they think they can get something done in the first six months. >> why is anything different now? why is anything different in the second term? >> good point. >> i'll turn the hosting to you
i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a difficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill...
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reagan did it but that was one of the new worst presidents in the last hundred years to win a second bill kristol talked about this area well i mean out of this are the whole monologue in the beginning though and it's based on a faulty argument that tax rates and revenue are the same thing i'm not making an argument to you tom that no one here should pay taxes and finance items for the collective good that's not what i'm saying what i'm telling you is republicans we fail to make an argument that there is a tax rate sweet spot they had where you would generate revenue and not stifle the economy at the same time i don't think we're there i think we're still a bit too high although i think i don't think we're there either i mean if you look at the three decade period when america had its highest sustained growth of g.d.p. and best sustained growth of the middle class it was the fifty's sixty's and seventy's when the top tax rate was ninety one percent i think that's the sweet spot right but look at the reagan rates of twenty percent when you get out we had growth rates of seven five and
reagan did it but that was one of the new worst presidents in the last hundred years to win a second bill kristol talked about this area well i mean out of this are the whole monologue in the beginning though and it's based on a faulty argument that tax rates and revenue are the same thing i'm not making an argument to you tom that no one here should pay taxes and finance items for the collective good that's not what i'm saying what i'm telling you is republicans we fail to make an argument...
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college like we used to have before ronald reagan all across the united states or in many places it is certainly california is out for people say yes what are you willing to pay taxes for people say yes you are and you're willing to say yes well the majority the vast majority so you think you should be able to exit for that and all of our money yes i think redeploy i think we're all in on this. really more when there are these then we should reserve you using force to take my money should be reserved for areas of mass consensus i'm telling you you don't have the sixty five percent of americans in the exit polling after the last election so they thought the taxes should go a good forty nine percent of americans don't like obamacare so you're telling me that fifty one percent of america should be able to buy force take forty nine percent of america's money because you've declared it a mandate well that's how it works though they've done that so i don't that's a you know that is that was reagan said the same thing he said ok by force we're going to take a trillion dollars from people's mo
college like we used to have before ronald reagan all across the united states or in many places it is certainly california is out for people say yes what are you willing to pay taxes for people say yes you are and you're willing to say yes well the majority the vast majority so you think you should be able to exit for that and all of our money yes i think redeploy i think we're all in on this. really more when there are these then we should reserve you using force to take my money should be...
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Nov 15, 2012
11/12
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CNNW
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ronald reagan was 69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, how old is too old? remember senator strom thurman who commuted from walter reed to the capitol at the age of 100? his aides had to vote for him. of course, this argument isn't limited to the world of politics. ageism rages in the role world, too. how often have you heard those under 30 grumbling about those old guys sucking up all the jobs? so the talk back question of the day, should politicians have a mandatory retirement age? facebook.com/carolcnn. your responses later this hour. still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade
ronald reagan was 69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, how old is too old? remember senator strom thurman who commuted from walter reed to the capitol at the age of 100? his aides had to vote for him. of course,...
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Nov 15, 2012
11/12
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CSPAN
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think of ronald reagan and tip o'neill reforming social security. ron reagan and tip o'neill during the current tax reform. bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to being a part of the solution to the significant problems. it is my pleasure to turn to our newly elected whip, senator john corn andyn of texas. >> -- senator john cornyn of texas. >> is an honor to serve as the assistant leader on the republican side. we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solve the nation's urgent problems. we know what those are in the lame duck and we know what those are going forward. there is no mystery about that, nor is there any mystery to some of the solutions
think of ronald reagan and tip o'neill reforming social security. ron reagan and tip o'neill during the current tax reform. bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to...
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Nov 15, 2012
11/12
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reagan was asked if he had anything to say to the people in the country who did not vote for him and who did not feel that they were part of the reagan revolution. he was also asked about nancy reagan falling down and bumping her head right before the election. he said that she had a tender lump on the side of her head, but that she would be fine. in president clinton's first press conference, after he was re-elected to a second term, the president started to answer a question about the role of first lady hillary clinton in the second clinton term, before he sort of diverted himself into talking about just how damned tired he was. >> well, let me answer the question about hillary. i think what first lady will do is something that i think it will be consistent with what she's been doing, but we have not, frankly, we've been too tired to talk about it. yesterday, i'm embarrassed to tell the american people, i actually slept past noon. i was tired. >> there's no shame in that. >> in the first press conference that george w. bush gave after he was re-elected in 2004, the president gave a
reagan was asked if he had anything to say to the people in the country who did not vote for him and who did not feel that they were part of the reagan revolution. he was also asked about nancy reagan falling down and bumping her head right before the election. he said that she had a tender lump on the side of her head, but that she would be fine. in president clinton's first press conference, after he was re-elected to a second term, the president started to answer a question about the role of...
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Nov 15, 2012
11/12
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he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamant, president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you congressional republicans were happy with his response. they like to know there is some give. here's where the give could be, chris. nobody's talked about this. i mean, there's been some behind the scenes chatter on this, which is you could see tax rates temporarily go up just not all the way to 39%. it could be somewhere in the middle. ends up being the compromise for the one year. don't forget, this is all about setting the tax rates simply for 2013, while they negotiate larger tax reform. so, that could be what the wiggle room is. obviously, republicans have said they don't want to raise tax rates at all. they're fine wi
he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamant, president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you...
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Nov 15, 2012
11/12
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FOXNEWS
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you have to look at ronald reagan as well as henry kissinger, when they went into negotiations, said you have to come willing to truly cut a deal. you may get 90%. >> takes both sides. obama is very good in liberal rhetoric blaming republicans. even in "l.a. times", obama wants to help the middle class but republicans don't want to give everything to the rich which is not true. and a lot of liberals are saying this was a mandate to raise taxes? i think people can be pro-choice, pro-day marriage and have fiscal responsibility and live within their means. jon: well, i mean to be honest, angela, the president campaigned on a platform saying i'm going to go back to the bill clinton tax rates and the wealthiest are going to have to pay more money and he won. >> but bill clinton worked with a republican congress and our economy was not in dire straits that it is right now. so if he really wants to go back to the bill clinton days he should go to the table and work with republicans. >> also you have to look taxes were historical high. one of the things they're talking about is trying to get
you have to look at ronald reagan as well as henry kissinger, when they went into negotiations, said you have to come willing to truly cut a deal. you may get 90%. >> takes both sides. obama is very good in liberal rhetoric blaming republicans. even in "l.a. times", obama wants to help the middle class but republicans don't want to give everything to the rich which is not true. and a lot of liberals are saying this was a mandate to raise taxes? i think people can be pro-choice,...